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‘Heir to the Non-Aligned Movement’: BRICS Presents Alternative to U.S. Hegemony

Summary by People's World
BRICS is the heir to the Non-Aligned Movement,” declared Brazilian President Luiz Inácio Lula da Silva at the economic alliance’s 17th annual summit, held July 6-7 in Rio de Janeiro. “With multilateralism under attack, our autonomy is in check once again,” Lula said. “If international governance does not reflect the new multipolar reality of the 21st century, it is up to BRICS to help bring it up to date.”  Lula called for international relatio…

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Since Brazil, Russia, India, China and South Africa woven the BRICS alliance, the message has been clear: emerging countries also want to shape the rules of global trade and finance. Iran, Saudi Arabia and Egypt’s recent accession reinforces that ambition and points to an increasingly influential bloc outside Western-dominated circuits. At the Rio de Janeiro summit in July 2025, the BRICS took an additional step: boosting payment systems that do…

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T21 broke the news in on Friday, July 11, 2025.
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